SEC Form 4 · accession 0001127602-17-016927
EXPEDITORS INTERNATIONAL OF WASHINGTON INC · EXPD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Benjamin G. Clark
Officer — Senior VP - General Counsel
Period of report
May 2, 2017
Accepted (ET)
May 4, 2017 · 6:33 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000746515
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | holding | — | — | — | 531 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Units ("RSUs")F2,F3 | — | May 2, 2017 | A | 4,137 | A | — | — | Common Stock | 4,137 | 4,137 | D |
Explanation of responses
- F1Beginning balance of Common Stock beneficially owned includes 531.0110 shares purchased on July 31, 2016 under Expeditors International of Washington, Inc.'s 2002 Employee Stock Purchase Plan.
- F2Each Restricted Stock Unit represents a contingent right to receive the economic equivalent of one common share of the Issuer.
- F3Restricted Stock Unit Award that vests in three installments: 33% on the first anniversary of the date of grant, 33% on the second anniversary and 34% on the third anniversary.